Light requirements
You can apply without a language test and minimum stay, there is no restrictions on dual citizenship. All can be done remotely.
Grenada
Grenada Citizenship by Investment Program
The program was launched in 2013 and allows individuals to obtain citizenship by investing in real estate projects, approved by the Government or non-refundable contribution to the country.
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About the program
It is one of the oldest second citizenship programs. Its process is short, and it is attractive for individuals who want access to USA and China.
Minimum Investment
$150,000 is the minimum investment for a non-refundable contribution.
$220,00 is the minimum investment in a government-approved real estate project.
About the country
Grenada is a paradise with a year-round temperate climate, stunning beaches, a stable economy, and a favourable tax regime.
Population: 113,000 Currency: Eastern Caribbean dollar (XCD) Language: English Capital: Saint George's
Processing time
Normally it will take 3-4 months to obtain Grenada citizenship by investment.
Visa-free travel
144 countries are open for Grenada passports with visa-free or visa-on-arrival, including China, Singapore, the UK, and Schengen Area.
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Benefits of Grenada Citizenship by Investment Program
Grenada citizenship is very popular as gives numerous advantages to the investor. It not only opens door to free travel to main destinations but gives economic gains as a good tax regime.
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Tax relief
No tax on foreign income, dividends, wealth, and inheritance tax.
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Access to USA E-2 visa in the USA
You can apply for E-2 Investor Visa in the USA, it will give you the right to work and live there. Visa is renewable every 5 years.
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Access for the whole family
Possibility to add 4 generations, including grandparents of the main applicant and spouse, children under 30 and siblings to the one application.
Type of Investment for Grenada Citizenship by Investment Program
Grenada citizenship by investment program offers individual 2 options – investing in real estate or making a donation to the Government. The first option is more expensive but more popular as gives income and the possibility of a buy-back option after 5 years, which is the required minimum for holding the investment.
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$150,000
Minimum amount to transfer to National Transformation Fund to obtain Grenada citizenship. This is a non-refundable contribution.
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$220,000
The minimum investment in real estate projects approved by the Government, plus a non-refundable Government fee of $50,000.
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Requirements for an investor:
- Age above 18 years old
- Clean criminal record
- Medical certificate
Citizenship is transferable to future generations.
Requirements for a family:
- Spouse
- Children under 30 years
- Parents and grandparents of the main applicant or spouse
- Unmarried siblings without children of the main applicant
Timeline for obtaining Citizenship in Grenada
Grenada citizenship by investment Program is one of the easiest and most transparent. Clear steps and the absence of long waiting make it attractive for investors. Invest Citizenship will recommend you lawyers or advisors with great experience who will guide you and support you until you will receive your passport.
Step 1
1 month
Prepare all the necessary documents such as a criminal records, a medical certificates from your side. If you invest in real estate, you need to present a sale agreement with a developer approved by the government.
Step 2
2 month
Submit the application. After checking by the bank and Government, you will receive a letter of approval. After approval, you need to finalize your investment and provide proof of payment.
Step 3
1 month
Time might be different in the case of real estate investment. After final approval, you will get a Certificate of Registration for obtaining a passport of Grenada. It is a completely remote procedure.
Real Estate Investment Options
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Ocean Resort
Resort is a world-class resort development, covering an area of nearly 412 acres. The resort is designed with luxury hotels, casino, 18-hole golf course, amusement park and yacht marina. The hotel has 500 ocean view suites, and is equipped with a 24-hour gym, outdoor swimming pool, restaurants and other facilities.
Price $220,000
Location: Levera
Luxury resort
The resort and residences are spread over 15 hectares and laid out with great effort given to ensuring space, privacy and uninterrupted views over the turquoise sea. The resort will offer 56 guestrooms, seven one-bedroom villas and five two-bedroom villas, with no building higher than a palm tree.
Price $220,000
Location: Grenada
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